Actuary

## Actuarial Senior Consultant - Life Product Development Team (Hybrid)Applylocations: Saint Paul, MN Campustime type: Full timeposted on: Posted 2 Days Agojob requisition id: R-010741*\*At Securian Financial the internal position title is Actuarial Sr Con.\* ***Position Overview:**This position is part of the Life Product Development team within the Individual Solutions market segment. This role will be responsible for leading and supporting product development initiatives that help achieve Securian's Life sales, earnings, and capital objectives. This role requires expertise in Securian’s Life Insurance products, an understanding of the regulatory environment surrounding life products, and the ability to work effectively with stakeholders across the organization to compete and win.This role will serve as primary Traditional Life product actuarial partner across Individual Solutions and enterprise teams. The ideal candidate will be a self-motivated individual with strong actuarial judgement, technical expertise, and clear communication skills to successfully bring products to market and manage them post launch.**Responsibilities include but are not limited to the following:*** Drive execution of product initiatives from concept through launch, including design, pricing, filing, illustrations, system, marketing, education, and working with external vendors where appropriate.* Fixed & Variable Rate Setting -- provide recommendations (in partnership with Finance) for interest sensitive product elements, including but not limited to indexed account caps, fixed account rates, variable loan rates, and other non-guaranteed elements.* Make decisions for product exception requests for large case pricing, illustrations, policy size, and unique one-off situations.* Develop and leverage internal and external relationships necessary to understand the individual life competitive landscape and successfully launch and service products.* Support ongoing product management by monitoring performance, competitiveness, regulatory developments, and emerging product risks.* Prepare and sign statements of actuarial opinion for traditional life insurance filings with various state insurance departments and respond to objections where appropriate.* Work direct life pricing associates & actuaries to advance ad hoc analyses, product research, and product implementation.* Represent Individual Solutions Product and Actuarial as a senior consultant and expert in governance forums and cross-functional committees, providing technical viewpoints and strong engagement with others.**Qualifications:*** FSA designation* Member of the American Academy of Actuaries.* 10-15+ years of life product development experience with an emphasis on UL, IUL, and VUL products.* Strong understanding of the regulatory environment governing life insurance products, including illustration regulations, state jurisdictions, and filing requirements.* Strong understanding of and collaboration with distribution partners, including BGAs, BDs, FIs, and other key distribution channels.**Requirements:*** Excellent verbal and written communication skills, with the ability to effectively interact with wide range of associates across the organization.* Ability to synthesize complex & detailed analysis for senior leadership.* Strong creative, analytical, and problem-solving skills to analyze information and form recommendations.* Self-motivated with the ability to work independently and collaboratively with a variety of individuals, including cross-functional partners and work directing other associates.* Adaptable in a rapidly changing environment with the ability to respond to changing priorities.#LI-hybrid \*\*This position will be in a hybrid working arrangement.\*\*Securian Financial believes in hybrid work as an integral part of our culture. Associates get the benefit of working both virtually and in our offices. If you’re in a commutable distance (90 minutes) you’ll join us 3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules.**Preferred Skills:**AI Concepts, Business Acumen, Coaching, Communication, Consulting, Critical Thinking, Data Analysis, Decision Making, Design, Financial Analysis, Leadership, Mathematics, Proactive Behavior, Problem Solving, Project Management, Risk Management, Stakeholder Management, Statistical Software, Strategic Thinking, Written Communication**The estimated base pay range for this job is:**$111,300.00 - $207,800.00**Pay may vary depending on job-related factors and individual experience, skills, knowledge, etc. More information on base pay and incentive pay (if applicable) can be discussed with a member of the Securian Financial Talent Acquisition team.** **Be you. With us.** At Securian Financial, we understand that attracting top talent means offering more than just a job – it means providing a rewarding and fulfilling career. As a valued member of our high-performing team, we want you to connect with your work, your relationships and your community. Enjoy our comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including the advantages listed here: **Paid time off:*** **We want you to take time off for what matters most to you.** Our PTO program provides flexibility for associates to take meaningful time away from work to relax, recharge and spend time doing what’s important to them. And Securian Financial rewards associates for their service by providing additional PTO the longer you stay at Securian.* **Leave programs:** Securian’s flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.* **Holidays:** Securian provides nine company paid holidays. **Company-funded pension plan and a 401(k) retirement plan:** Share in the success of our company. Securian’s 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent. The amount is based on company results compared to goals related to earnings, sales and service. **Health insurance:** From the first day of employment, associates and their eligible family members – including spouses, domestic partners and children – are eligible for medical, dental and vision coverage. **Volunteer time:** We know the importance of community. Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you. **Associate Resource Groups:** Build connections, be yourself and develop meaningful relationships at work through associate-led ARGs. Dedicated groups focus on a variety of interests and affinities, including:* Environmental Health & Sustainability* Mental Wellness and Disability* Pride at Securian Financial* Securian Young Professionals Network* Securian Multicultural Network* Securian Women and Allies Network* Servicemember Associate Resource Group For more information regarding Securian’s benefits, please review our Benefits page. This information is not intended to explain all the provisions of coverage available under these plans. In all cases, the plan document dictates coverage and provisions. Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, gender, gender identity, sexual orientation, age, marital or familial status, pregnancy, disability, genetic information, political affiliation, veteran status, status in regard to public assistance or any other protected status. If you are a job seeker with a disability and require an accommodation to apply for one of our jobs, please contact us by email at View email address on click.appcast.io, by telephone View phone number on click.appcast.io (voice), or 711 (Relay/TTY). Securian Financial is a drug-free workplace. #J-18808-Ljbffr